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Bailout

• Is an action taken by others to help a company, organization or country with its finances. It is an analogy to bailing out a sinking boat. There is considerable debate as to whether the process is a handout or subsidy versus a helping hand.

 
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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

The greatest discovery of my generation is that man can alter his life simply by altering his attitude of mind. - James Truslow Adams

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